Goal achieved for the inaugural private placement of BPI

BPI Real Estate Belgium, a 100% controlled subsidiary of CFE, successfully placed its inaugural private bond issue of its history, therefore showing its capacity to finance itself autonomously on the financial markets.

 

19-December-2017
Press releases

BPI Real Estate Belgium, a 100% controlled subsidiary of CFE, successfully placed its inaugural private bond issue of its history, therefore showing its capacity to finance itself autonomously on the financial markets.


With the assistance of Belfius Bank and BNP Paribas Fortis, as Joint Lead Managers, as well as of the law firms Linklaters and Jones Day, the private placement has been fully subscripted, on a single day, for the sought amount of 30 million euros. The Bond have a duration of 5 years, bear interest at an annual rate of 3,75% and have been admitted on the non-regulated market of the Brussels stock exchange, Euronext Growth under ISIN BE0002544220.


These funds will allow BPI to keep growing its projects portfolio in Belgium, in Luxembourg and in Poland. They will also allow the diversification of its financing sources.


Jacques Lefèvre, CEO, confirms: “After having rebased its strategy, reinforced its visual identity and confirmed its financial strength, BPI is now in the best shape to ensure to all its stakeholders the development of qualitative projects driven by a dynamic and talented team focused on its clients.”


BPI wishes to thank all the subscribers for their trust.

For more information:
Jacques Lefèvre
CEO 
jlefevre@bpi-realestate.com

Fabien De Jonge
Head of Finance 
fabien_de_Jonge@cfe.be

Press contact:
Morgane Stok
Marketing & Communication Officer 
mstok@bpi-realestate.com
+32 2 661 14 82

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